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The Old Bakery Restaurant The Promenade 1,733 sq ft Retail Property Kingsbridge TQ7 1JD £250,000 (£144.26/sq ft)
Investment Highlights
- Excellent connectivity
- Close proximity to local amenities
- Strategic location
Executive Summary
Historic turnover approx. £260,000 per annum. The unit would lend itself to a variety of catering styles and uses. It is felt that, under new and enthusiastic ownership, it offers excellent future trading potential for buyers to reinstate and re-establish a highly successful catering concern once more. Stock to be taken over at valuation upon completion should be nominal.
Property Facts
Amenities
- Bus Route
- Security System
- EPC - C
- Storage Space
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The client will consider disposing of the restaurant with the benefit of a new lease, the length of which can be negotiable ( i.e. up to 20 years). The proposed rental is approximately £ 18,000 per annum, exclusive of rates, subject to rent reviews every 3 years, with the standard repairing and insuring liabilities. A retail premises, configured as a restaurant, with two floors of seating area.
| Space | Size | Space Use | Position | Available |
| Ground | 1,733 sq ft | Restaurant | In-Line | Now |
Ground
| Size |
| 1,733 sq ft |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
Ground
| Size | 1,733 sq ft |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
The client will consider disposing of the restaurant with the benefit of a new lease, the length of which can be negotiable ( i.e. up to 20 years). The proposed rental is approximately £ 18,000 per annum, exclusive of rates, subject to rent reviews every 3 years, with the standard repairing and insuring liabilities. A retail premises, configured as a restaurant, with two floors of seating area.
Nearby Major Retailers
Presented by
The Old Bakery Restaurant | The Promenade
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